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Naira4Dollar

Money market

Naira4Dollar Scheme attracts $40m remittances in a week

The Central Bank of Nigeria’s Naira4Dollar scheme may have attracted about $40 million in foreign remittances in one week, according to a reliable source with knowledge of the scheme. According to Voice of Nigeria (VON) sources, the scheme had performed…

NewsDirect
March 25, 2021

Top Story

Naira4Dollar: MAN, LCCI hail CBN’s policy, foresee forex stability

Industrialists and Manufacturers on Monday said the Naira 4 Dollar Scheme, an initiative of the Central Bank of Nigeria to encourage diaspora remittances would help stabilize the forex situation of the country. They made the assertion in separate interviews with…

NewsDirect
March 9, 2021